All Forum Posts by: Mike Kehoe

What do you do for a living? If your day job isn't real estate-related, is it possible for you to make a career change? If so, there are plenty of high-paying real estate-related jobs that could help you learn the business further, network with others in the industry, and potentially even help you find deals that make sense. 

@Matthew Stapleford my investors have used https://udirectira.com/ in the past and it's worked well. Jeff Dixon was their contact. 

They used https://www.resurefinancial.co... to set up their LLC that included checkbook control. Bernard Reisz was their contact.

They used https://www.solerabank.com/ for their bank account because some banks won't allow an account to be set up this way or will just ask a lot of questions which will delay the setup process. Solera bank commonly deals with IRA-owned LLC's so the setup was seamless.

Green Street Home Buyers is one of North Carolina's fastest-growing real estate investment companies.

We’re looking to fill our Acquisitions Agent position immediately for the Greensboro/Winston-Salem, NC market. As an Acquisitions Agent, you’ll help us get in touch with new prospects, and work with current prospects to buy their properties fast and with cash. A large part of this position is prospecting over the phone, via email, and in-person, so if you’re not okay creating relationships out of cold and warm connections, this is not the right position for you. We are looking for someone who can not only talk to people but can negotiate and close deals!

Our marketing channels source leads and these lead phone calls will be routed directly to you. Your job is to make a good first impression, follow up, build rapport, gather property and seller details, understand how to formulate an offer, make an offer, and get the lead under contract! You’re also encouraged to source your own leads through active involvement at local meetups, social media, and word-of-mouth connections.

This is not your standard 9-5. If you have grit and are determined to build a life of financial freedom for yourself and your family, this is the right position for you. Our employees do not want a “job” - they want to build a business. At Green Street, we’re a close-knit team that cares about each other’s success. We not only want you to be successful in your job at Green Street, but we also want you to take what you learn from us and grow your own real estate portfolio.

This position is largely commission-based but we do offer a base salary as well. We will pay you commissions for every property you help us put into a contract that we close on. The amount you can make is endless and the better you do, the higher your compensation structure. We want you to make money alongside us and believe you should be compensated for being an integral part of our team!

Green Street is different from other real estate wholesaling companies. We believe in treating sellers fairly above all else and have the big picture in mind. We go above and beyond to solve problems for sellers. We also LOVE real estate. Our founders are active real estate investors and provide employees with opportunities to partner on various types of real estate projects.

You MUST share our core values:

You Are An Entrepreneur

• You like to solve difficult problems.

• You can improvise and think on your feet.

• You are a self-motivated, lifelong learner.

• You are optimistic and growth-oriented.

• You have a burning desire to succeed.

You Are A Team Player

• You communicate openly and honestly.

• You collaborate and share ideas.

• You strive for the greater good of the organization.

• You believe an assist is often more satisfying than getting the goal.

You Do The Right Thing

• You do the right thing above all else.

• You treat every person with respect.

• You value reputation over profit every time.

• You build trust.

• You do not take shortcuts.

• You do not fall to the level of an unethical opponent.

You Commit To Excellence

• You are disciplined.

• You carry yourself with professionalism.

• You always make a good first impression.

• You understand that preparation is the key to success.

• You focus on the process, and the results follow.

You Have Grit

• You see opportunity in every challenge.

• You persist when others quit.

• You do whatever it takes to get the job done.

• You share your thoughts and engage in debate.

• You are relentless in the pursuit of your goals.

• You are competitive.

You Have Fun

• You don't take yourself too seriously.

• You let your personality shine.

• You think real estate is fun.

Responsibilities:

• Making and returning phone calls to/from homeowners/sellers who have the motivation to sell their house

• Making offers, negotiating contracts, and deal processing

• Build rapport with clients in person and over the phone

• Researching and performing due diligence on residential properties

• Inspect properties while taking pictures and video of property condition

• Ability to manage a pipeline of prospects/leads and follow up with clients effectively

• Be resourceful and solve problem for your client

Qualifications:

• Minimum 3-years sales experience

• Minimum 1-year real estate sales experience

• NC Real Estate license (required)

• NC Broker’s license (preferred)

• Location: Greensboro, High Point, Winston-Salem

• High energy, high teachability.

• Competitive, resilient, and driven.

• High self-discipline to get the job done. The more you put in, the more you’ll get – you are someone with a tenacious attitude to get the job done no matter what.

• Sales experience and skills to build rapport with sellers with the intent of getting properties under contract and being relentless until you get a property under contract

• No excuses attitude toward getting projects completed effectively and efficiently.

• Infinite passion for personal growth and learning how entrepreneurs start and run businesses.

• Ability to effectively take ownership of your department and proactively add value will make you an ideal candidate for the position.

• Do the right thing above all else.

• Spanish bilingual is a plus, but not required

Job Type: Full-time

Pay: $75,000.00 - $150,000.00 per year

@David Enyart Jr and @Robbie Tillman I'd love to connect. We've been investing in the Triangle for a little over a year. Shoot me a DM if you'd like to set up a networking phone call!

@Abigail Veit crushing it! Keep up the good work!

This isn't the end all be all, but when I was starting out, I found Neal Bawa's free course  "Best Cities for Real Estate Investing" on Udemy extremely helpful. Here's the link: https://www.udemy.com/course/r...

Good luck!

Adam, congrats on your first rental. I agree with Michael. In a state like NY, you want to follow their process to the letter. Find a good attorney that you can build a relationship with. The expense of doing it correctly is nothing compared to the headaches doing it incorrectly can cause. 

All good answers here.

I would start with the FHA 3.5% down and save the rest for future investments. You'll glean a lot of experience from this first purchase that you can deploy along with your capital into future purchases.

With that said, you'll be at a disadvantage compared to others that are paying cash or using financing with fewer hurdles, so give yourself a lot of time for your search. Also, be prepared to make a lot of offers before you land your first deal.

Start analyzing past transactions and on-market deals in your area now, with the goal of further understanding the norms of your market and how you'll need to prepare when ready to buy.

@Rohini Parab you've got some great responses here. @Chris London and @Phillip Bradrick were right on in their analysis. 

Reach out if you want to talk. We see a lot of opportunities in the areas they described. 

You might want to reassess some things, starting with your job. Even though they are paying for your MBA, it seems like they're holding you back from doing what you want to do. They've got the golden handcuffs on you.

I think you'd learn a lot more by finding a job with similar pay as your current but allows you to participate in a side hustle than you would through an MBA.

If you find a new job, I'd recommend selling a top-notch product or service that doesn't have a ceiling on your commissions (SAAS companies are a great candidate). Or, if you want to stay in the same field as you're already in, find a company with similar pay but allows you to have a side hustle. Selling a good or service that pays a residual income or selling something that pays substantial commissions are great side hustles. 

Why sales? Because sales skills are applicable no matter what you pursue moving forward, including real estate investing. Also, it can be a fast way to build cash.

I've built my wealth to invest in real estate through building companies and side hustles. My main business and side hustle was selling credit card processing. Much like rental properties, credit card processing accounts pay residuals. I owned my credit card processing portfolio and was able to sell my book of business for thirty times its monthly residual. I still have residual income coming in from accounts that I didn't sell.

Also, I refer real estate investors in my network looking to reduce their tax obligations to my favorite Cost Segregation company. I get paid well by the Cost Seg company for making the referral while building my network of real estate investors.

Lastly, I've built a wholesale company that allows me to create cash flow and see deals before anyone else. I wouldn't recommend this route unless you are willing to go full-time.

Hope this get's your wheels turning.